Grounded in the principles of trust, transparency, and compliance with Shariah law and to meet the growing demand of customers, EBL began Islamic Banking operations in August 2024. It is guided by a knowledgeable Shariah Supervisory Committee, its services are meticulously crafted to ensure that every transaction is ethical, profitable, and aligned with customers’ faith-based
Rory McIlroy will lose over £15,000 after his underwhelming performance at the PGA Championship. There were huge expectations for the Masters champion at Quail Hollow, a venue where he has enjoyed historic success. However, McIlroy endured a horrid time and was never near the leading pack. He was packing his clubs back into his car
This is an audio transcript of the FT News Briefing podcast episode: ‘Trump Administration to roll back banking rules’ Kasia Broussalian Good morning from the Financial Times. Today is Monday, May 19th, and this is your FT News Briefing. The UK and the European Union are looking to patch things up. And US regulators want
MUMBAI: Non-banking financial companies (NBFCs) are increasingly looking overseas for funds as domestic banks have been slow in passing on the benefits of the recent 50 basis points (bps) repo rate cut, according to experts. Many banks have only marginally reduced their marginal cost of funds-based lending rate (MCLR) by 5-10 bps, prompting NBFCs to
SAN FRANCISCO, May 18, 2025 (GLOBE NEWSWIRE) — ONFA FINTECH USA, a subsidiary of METTITECH GROUP HOLDINGS, has signed a strategic agreement backed by Metti Capital Funding to expand its blockchain-based digital banking platform. This strategic move aims to strengthen ONFA’s technological capabilities and accelerate its growth in the global decentralized finance (DeFi) market. ONFA
Sun May 18, 2025 08:04 PM Last update on: Sun May 18, 2025 08:02 PM Star Business Desk Sun May 18, 2025 08:04 PM Last update on: Sun May 18, 2025 08:02 PM Mohd Zayed Alam, honourary consul general of Zambia in Bangladesh, and Tareq Refat Ullah Khan, additional managing director and head of corporate
Sun May 18, 2025 08:01 PM Last update on: Sun May 18, 2025 07:59 PM Star Business Desk Sun May 18, 2025 08:01 PM Last update on: Sun May 18, 2025 07:59 PM Husne Ara Shikha, executive director and head of the Bangladesh Bank Rajshahi office, inaugurates “School Banking Conference-2025” organised by Prime Bank PLC
We are talking about a potential multi-million euro deal. “Priorbank” intends to decide on the buyout of the state block of its shares by the end of May. We are talking about a potential deal worth several million euros for a stake of 6.31% of the authorized capital, writes Myfin.by. The background is as follows:
Bangladesh is dealing with one of its most challenging political and economic shifts, and the US tariff hike to 37 percent on its exports could worsen the situation. This could turn out to be a big problem for the economy, especially for the readymade garment (RMG) industry, which is Bangladesh’s primary export item. For all
The acquisition consolidates Vórtx as a leader in technological infrastructure, offering comprehensive and integrated BaaS and CaaS solutions to drive the next generation of financial services. The acquisition consolidates Vórtx as a leader in technological infrastructure, offering comprehensive and integrated BaaS and CaaS solutions to drive the next generation of financial services. State of Sao